News

Fidelity FundsNetwork has become the first supermarket to launch an unbundled pricing model.

GLG has launched a UCITS III version of its long/short financials strategy, managed by David Sanders and Stephen Holliday.

James Inglis-Jones, co-manager of the Liontrust European Absolute Return fund, is making his portfolio more concentrated in a bid to maximise the vehicle's ability to perform in both rising and falling markets.

BlackRock has called on the European markets authority to improve the way exchange-traded products are labelled, including identifying synthetics, and increase transparency over conflicts of interest.

EVENTS

RBS could start paying dividends to preference shareholders again later this year, which could lead to a £400m capital raising.

GAME Group administrators have announced 333 of its UK shops that are still open have been sold to private investment firm OpCapita.

JO Hambro Capital Management (JOHCM) is to launch a Global Opportunities fund for Ben Leyland, manager on the top-performing UK Opportunities fund, by the end of Q2.

A strong performance from US and Asian stocks has helped push global equity indices to their strongest start to a year since 1998.

Lawyers for professional services group RSM Tenon have raised "serious concerns" about the quality of PwC's audit and advised Tenon may have a legal claim, according to reports.